Corporate Profile

CVS Caremark Corporation (NYSE: CVS) is an American drug retailing company with a U.S. pharmacy chain. CVS Caremark provides pharmacy services through its over 7,000 CVS/pharmacy and Longs Drugs stores; its pharmacy benefit management, mail order and specialty pharmacy division, Caremark Pharmacy Services; its retail-based health clinic subsidiary, MinuteClinic; and its online pharmacy, CVS.com. CVS Caremark Corporation is chartered in Delaware, and is headquartered in Woonsocket, Rhode Island, where its pharmacy business is also headquartered. The pharmacy services business is headquartered in Nashville, Tennessee. The company was #18 in the 2010 Fortune 500 list of the largest companies in the U.S., and is the largest company that has operations solely in the United States.

 

CVS/pharmacy is one of the nation's largest retail pharmacy chains, with over 7,000 stores across 43 states. With more than 40 years in the retail pharmacy industry, CVS/pharmacy generates over 68% of its revenue from the pharmacy business. CVS/pharmacy fills more than one of every seven retail prescriptions in America and one of every five in their own markets. Their ExtraCare program boasts over 65 million cardholders, making it the largest retail loyalty program in the country.

 

VIPPS

The VIPPS accreditation program (Verified Internet Pharmacy Practice Sites), is a strong indicator of an Internet pharmacy’s compliance with state and federal laws and regulations and NABP's criteria. 

 

The VIPPS accreditation process provides for ongoing evaluation of an Internet pharmacy’s practice. Internet pharmacies function in much the same way as traditional pharmacies and are subject to the same rules, regulations, and patient care requirements as brick-and-mortar pharmacies.

 

Log onto https://vipps.nabp.net/verify.asp to check whether an online pharmacy is accredited by VIPPS.